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(SOLD) $1,300,000

10601 Cunot Cataract Road Poland, IN  47868-8500

  • 36 Beds
  • 25 Baths
  • 20,232 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 10601 Cunot Cataract Road Poland, IN 47868-8500

There are a total of 24 units, all of which are currently leased with scheduled rent increases upon renewal. Each of the three buildings comprises four 2-bedroom/1 bath and four 1-bedroom/1 bath units. Notably, each unit offers a vaulted ceiling in the kitchen, dining, and living area, as well as a laundry closet with hook-ups for a stacked washer & dryer. Tenants have access to a community room with a full kitchen, a half-bathroom, and coin-operated laundry. The property has undergone several improvements, including roof replacements and upgraded utility services. Two of the buildings' roofs are only 1 year old, the 3rd roof is 3-4 years old. The owners have provided a list of other improvements that have been made since they purchased the property. As tenants vacated, that unit was rehabbed as needed. There are 40+ parking spaces with designated handicapped parking. Trash removal is included in the rent. Tenants pay all utilities. The property is only shown by appt. Please provide proof of funds or a loan pre-qualification letter before the appt. request. *Please note, the numbers work best for an owner-managed operation.

Address:10601 Cunot Cataract Road Poland IN 47868-8500
Status:Sold
Sold On: 11/14/2024
Price:$1,500,000
Bedrooms:36 Beds
Bathrooms:24 Full Baths, 1 Half Baths
Sq. Feet:20,232
Year Built:1999
Lot Size:5.99
County: Owen County
Township: Jackson
School System : Cloverdale Community
MLS #:202423104
Property Type:Apartment Complex

Lot Dimensions:781x417x1129x273
Directions:In Spencer, from W SR 46, turn north onto 231, follow to CR 1200 S, turn left and travel 1 mile. At the STOP sign, take a slight left onto IN-42 W. Travel 5.4 miles to Cunot-Cataract Rd, turn left, and look for the property on the right.
Total Sq. Ft. :20,232
Basement:No

Loan Price
$8,088
Price And Interest $6,781/month
Property Tax $765/month
MTG INS $0/month
HOME INS $542/month
Price
$1,300,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$765/month
Home Owner Insurance
$6,504 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
3rd Bedroom null x 25 Info Not Available
4th Bedroom 25 x 25 Info Not Available
5th Bedroom 25 x 25 Info Not Available
Family Room 550 x null Info Not Available

Semi-Annual Property Tax:$4,588
Tax Year:2024
Mandatory HOA Fee:$

City:Poland
Subdivision: None
Zip Code:47868-8500

School System:Cloverdale Community
High School:Cloverdale
Middle School:Cloverdale
Elementary School:Cloverdale

Total Sq. Ft.:20,232
EXPLORE TUCKER LUXURY
Chris Skillern, REALTOR®/Broker, F. C. Tucker Company
Chris Skillern
Additional Phone (765) 719-0877
F.C. Tucker Company

Listing provided courtesy of Ron Plecher with RE/MAX Realty Professionals

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Poland Market Report

144
Avg. DOM
$122.32
Avg. $ / Sq.Ft.
$ 185,000
Med. List Price

The house prices in Poland are not dropping at the moment. There has been a increase in price of $149,692.86. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Poland are going Up. The average house price is $249,000.00 and the average price per square feet is $196.46 per square feet. At the moment, the amount of homes listed is exactly 43 houses, with 16 with active status, 14 with pending status and 13 sold in Poland .

The most popular place to buy a home in Poland is 6001 - Owen - Jackson. 6001 - Owen - Jackson is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Poland .

The average amount of property taxes you would have to pay for a home in Poland is $1,470.99. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Poland are staying listed for an average of 115 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Poland was 4843 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Poland is $975,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Poland is $50,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Poland in year 1900 and the newest built house is in year 2020.

The average size of properties in Poland is 1669 sq.ft. , the biggest one being 3264 sq.ft. and the smaller being 992 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.